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Middle East & Africa

UAE supports India’s ambition of 450 GW of renewable energy by 2030: Official – EQ Mag

Dubai : The UAE’s expanded cooperation with India in the area of climate and clean energy aims to support New Delhi’s ambition to achieve 450 gigawatts of renewable energy installed capacity by 2030 and net-zero carbon emissions by 2070, a senior official said on Tuesday. President and CEO of Dubai Chambers of Commerce, Mohammad Ali […]

Opinion: Model no more? Turkey’s energy transition reversed in 2022: Maguire – EQ Mag

LITTLETON : As Europe’s fastest-growing energy consumer since 2010, and a ratifier of the Paris agreement to cap emissions, Turkey is viewed as a critical energy transition test case seeking to retool its power system while sustaining economic growth. With a population of 85 million and a major manufacturing base on the doorstep to Europe, […]

Zimbabwe looks to public to provide solar power amid energy crisis – EQ Mag

Zimbabwe’s net metering system, launched in 2020, allows those producing private renewable energy to transfer excess generation to the national grid. The southern African country is suffering from chronic power shortages, especially after its main Kariba hydropower plant cut power last month due to low water levels. According to the latest official figures, Zimbabwe’s net […]

ACWA Power reports increase in net profit for third quarter and first nine months of 2022

Consolidated net profit attributable to equity holders of the parent for the first nine months of SAR883 million, a 110% increase year-on-year Adjusted net profit increased by 7% year-on-year Riyadh, Kingdom of Saudi Arabia:  ACWA Power Company, a publicly listed company on the Saudi Arabian Tadawul stock exchange (ACWA Power: 2082) and a leading Saudi […]

Masdar Chairman Dr. Sultan Al Jaber Calls for ‘Maximum Energy, Minimum Emissions’ to Deliver Global Energy Transition – EQ Mag Pro

Masdar Chairman Dr. Sultan Al Jaber Calls for ‘Maximum Energy, Minimum Emissions’ to Deliver Global Energy Transition ABU DHABI, UAE : His Excellency Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, Special Envoy for Climate Change and Chairman of Masdar, called for the world to utilize all available energy sources, […]